CHAPEL LODGE, WATTON ROAD, WARE, SG12 0AX - £667,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHAPEL LODGE is a large detached house of 156m², built sometime before 1900, which could now be worth an estimated £692,535. It was last sold for £667,500 in January 2022, which was around 19% below the average January 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

CHAPEL LODGE Sold Prices

Land registry data shows two sales for CHAPEL LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two CHAPEL LODGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 JAN	£667,500	£823,241	19% below HPI
2003 30 JUL	£249,990	£388,117	36% below HPI

CHAPEL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two CHAPEL LODGE sales from July 2003 and January 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might CHAPEL LODGE be worth now?

CHAPEL LODGE might now be worth an estimated £692,535.

This is based on house price inflation of 3.8%, between January 2022 and February 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for CHAPEL LODGE of £667,500 on 28th January 2022. For the value to have increased from £667,500 to £692,535 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of CHAPEL LODGE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The January 2022 sale price of £667,500 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL LODGE has not materially changed since January 2022.

How Large is CHAPEL LODGE?

CHAPEL LODGE is 156m² according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where CHAPEL LODGE lies on this distribution: 75% of detached houses houses are smaller than CHAPEL LODGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ware.

CHAPEL LODGE: Plot and Title Map

CHAPEL LODGE sits on a plot of roughly 4.2 acres, or 16,844m². The below map shows the location of CHAPEL LODGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CHAPEL LODGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CHAPEL LODGE?

CHAPEL LODGE is located on WATTON ROAD in WARE, in the SG12 postcode district. The below map shows the position of CHAPEL LODGE on WATTON ROAD.